Assurant Inc. DCA - Inverted head and shouldersCompany: Assurant Inc.
Ticker: AIZ
Exchange: NYSE
Sector: Financials
Introduction:
In this analysis, we focus on Assurant Inc. (AIZ) listed on the NYSE, an important player in the financial sector. The daily chart highlights a potential bullish reversal signaled by an Inverted Head and Shoulders pattern that has been forming over the past 39 weeks.
Inverted Head and Shoulders Pattern:
The Inverted Head and Shoulders pattern typically signals a reversal of a downtrend and a potential start of an uptrend. It is characterized by three troughs with the middle trough (the "head") being the deepest and the two outside troughs (the "shoulders") being shallower and roughly equal in depth.
Analysis:
Assurant's previous trend was clearly downward, depicted by the blue diagonal resistance line. However, it appears this downward trend is being interrupted by the formation of an Inverted Head and Shoulders pattern, suggesting a potential reversal to the upside. The symmetry between the shoulders is good, and the horizontal neckline is well defined at 135.
The price is currently above the 200 EMA, indicating a bullish environment. Should we see a breakout above the horizontal neckline, it could favor a long entry. The price target in such a scenario would be at 165, representing a potential rise of 22%.
Conclusion:
Assurant's daily chart shows a promising bullish reversal setup through the Inverted Head and Shoulders pattern. If confirmed by a breakout above the neckline, this could offer an appealing long trading opportunity.
-------------------------------------------------------------------------------------------------------------------
Please remember, this analysis should form part of your overall market research and risk management strategy, and is not direct trading advice.
If you found this analysis helpful, please consider liking, sharing, and following for more insights. Wishing you successful trading!
Best regards,
Karim Subhieh
Disclaimer: This analysis is not financial advice and is intended for educational purposes only. Always conduct your own research and consult with a financial advisor before making investment decisions.
X-nyse
Avery Dennison Corporation WCA - Symmetrical Triangle Company: Avery Dennison Corporation
Ticker: AVY
Exchange: NYSE
Sector: Industrials
Introduction:
In our analysis today, we're looking at Avery Dennison Corporation (AVY) on the NYSE, an industrial sector company. The weekly chart displays a potential bullish reversal in the form of a Symmetrical Triangle pattern that has been developing over the past 58 weeks.
Symmetrical Triangle Pattern:
The Symmetrical Triangle pattern usually indicates indecision. In this scenario, it seems to be acting as a reversal pattern from a previous downward trend
Analysis:
Avery Dennison's previous trend was downward, demonstrated by the diagonal blue resistance line. However, this trend appears to be interrupted by a consolidation phase shaped like a Symmetrical Triangle, suggesting a potential reversal. This triangle pattern has 2 touchpoints on both the upper and lower boundaries.
The 200 EMA is acting as support in this case, and the price is holding above it, indicating a bullish environment. A breakout above the diagonal resistance would signal a potential long setup. Should this breakout occur, we could anticipate a price increase of approximately 29%. Until such a breakout, Avery Dennison remains a candidate for watchlist monitoring.
Conclusion:
Avery Dennison's weekly chart presents a potential bullish reversal scenario, signaled by the Symmetrical Triangle pattern. This pattern, if confirmed by a breakout above the diagonal resistance, could provide an attractive long trading opportunity.
---------------------------------------------------------------------------------------------------------------------
Remember, this analysis should be part of a broader market research and risk management strategy and is not intended as direct trading advice.
If you found this analysis beneficial, please consider liking, sharing, and following for more insights. Best of luck with your trading!
Best regards,
Karim Subhieh
Disclaimer: This analysis is not financial advice and is meant for educational purposes only. Always do your own research and consult with a financial advisor before making any investment decisions.
Here's Why $BABA Could Skyrocket Even Higher!Analysis:
Looking at the dataset, it's evident that both the Macro PVVM and Micro PVVM scores for Alibaba ( NYSE:BABA ) show an overall increasing trend over the examined period. The Macro PVVM went from a score of around 0.58 to approximately 54.24, demonstrating a significant uptrend. The Micro PVVM also moved from -53.71 to 40.23, showing a reversal from a bearish to a bullish momentum in the short term.
The close price of NYSE:BABA has been generally increasing along with the PVVM scores, indicating that the bullish momentum has been affecting the stock's price positively.
Key Takeaways:
There's an established bullish momentum, indicated by the upward trend in both the Macro and Micro PVVM.
The Micro PVVM has crossed from negative to positive, suggesting that the bearish short-term movement seen at the beginning of the period has turned into a bullish one.
The most recent close price of $98.33 is the highest over this period, further confirming the bullish sentiment.
Trading Strategy:
Given the bullish trend and movement, it would be a good strategy to maintain a long position on Alibaba. However, traders should keep an eye on the PVVM scores. If there's a sudden drop, especially in the Micro PVVM, it could indicate a reversal in the short-term movement.
Since both Macro and Micro PVVM are in positive territory and increasing, traders should look for opportunities to enter long positions on pullbacks, as the overall trend is upwards. Keep in mind the rule that the best long entries are when both PVVMs are low and start showing signs of strengthening.
DTE Energy WCA - Symmetrical TriangleCompany: DTE Energy Company
Ticker: DTE
Exchange: NYSE
Sector: Utilities
Introduction:
In today's analysis, we are examining DTE Energy Company (DTE) on the NYSE, a key player in the utilities sector. The weekly chart reveals a potential bullish reversal in the form of a Symmetrical Triangle pattern that has been forming over the past 42 weeks.
Symmetrical Triangle Pattern:
The Symmetrical Triangle pattern is typically a sign of indecision - a battle between the bears and the bulls. However, in this instance, it seems to be acting as a reversal pattern after a downward trend.
Analysis:
The previous trend for DTE Energy was downward, but this seems to have been interrupted by the symmetrical triangle pattern, suggesting a potential reversal. The triangle has 2 points of contact with both the lower and upper diagonal boundaries.
The price is currently above the 200 EMA, indicating a bullish environment. Furthermore, we've recently observed a breakout above the upper diagonal boundary, which would support a long entry. The price target following a successful breakout is set at 137.43, representing an estimated increase of 21.63%. However, a minor resistance could be encountered at around the 138 level.
Conclusion:
DTE Energy's weekly chart presents an encouraging bullish reversal setup. If confirmed by sustained price action above the triangle's upper boundary, this could provide a compelling long trading opportunity. It's important to monitor the potential resistance at 138, as it could affect the continuation of the bullish trend.
--------------------------------------------------------------------------------------------------------------------
Please remember, this analysis should form part of your comprehensive market research and risk management strategy, and it is not direct trading advice.
If you found this analysis helpful, please consider liking, sharing, and following for more insights. Wishing you successful trading!
Best regards,
Karim Subhieh
Disclaimer: This analysis is not financial advice and is intended for educational purposes only. Always conduct your own research and consult with a financial advisor before making investment decisions.
ITW WCA - Cup and HandleCompany: Illinois Tool Works Inc.
Ticker: ITW
Exchange: NYSE
Sector: Industrials
Introduction:
In this analysis, we are looking at Illinois Tool Works Inc. (ITW) on the NYSE, a noteworthy name in the industrials sector. The weekly chart suggests a possible bullish continuation in the form of a classic Cup and Handle pattern that has been forming for the past 608 days.
Cup and Handle Pattern:
The Cup and Handle is a bullish continuation or reversal pattern that depicts a teacup with a handle on the right side. It's characterized by a rounded bottom followed by a minor pullback, forming the handle.
Analysis:
The previous trend for ITW was upward, which was interrupted by a consolidation phase that materialized as a Cup and Handle pattern, potentially indicating a continuation of the bullish trend. The so-called "lip" or the horizontal resistance of the pattern is at 248.68.
The price is well above the 200-day exponential moving average (EMA), underlining our bullish sentiment. As we observe the current candle's behavior, it appears that we might achieve a close above the lip. A successful candle closure above this resistance could pave the way for a long position.
Conclusion:
In the event of a successful breakout, the price target would be projected at 515.51, corresponding to an estimated rise of about 30%.
Remember, this analysis should be one component of a broader market research and risk management strategy, and it's not intended as direct trading advice.
If you found this analysis helpful, please consider liking, sharing, and following for more insights. Here's to successful trading!
Best regards,
Karim Subhieh
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult with a financial advisor before making investment decisions.
USA S&P 500 (US500) Index Analysis 05/01/2022Fundamental Analysis:
As we can see the Index has shown a very strong come back after the Covid-19 pandemic of March 2021 which caused the market to fall and create a panic to the world.
Since then there are lots of changes to the world and the way companies are operating, such as releasing of their premises and offices as they should have discharge lots of their employees and the work from home schemes was the main reason to cut the expenditure of these companies drastically down.
From the other hand, the market administration and governments including Banks has injected lots of funds and so called Rescue Packages and the market stimulant's packages to protect the Market from its Hard and Drastically fall to the lower levels and prevent a gigantic Global Markets Crises.
These funds and injection of the cash to these companies along side of cost deduction due to their risk measurement policies, forced these companies to invest the receiving funds in to the companies assets to protect themselves from the Pandemic Crises and hedged their exposed risks instead of investing these funds to the new Projects or renovations which could Couse their Share prices to appreciate intrinsically but instead these investments in the assets made an inflation to the prices of the assets and created a bobble in their share value and Prices without having any inheritance or intrinsic values.
so we can easily have a decision derived from the current situation that there has to be an other market fall and crises soon so the Price and its relevant intrinsic values get converged and market comes to its correct values.
we can observe the same situation in many different centralized markets such as Dow Jones and even other Stock Exchanges around the world like London and rest European market places to be in the same inflated status.
there exist a huge chance of an other Global Market Crises coming soon which has the domino effect and Couse the entire markets to fall for some times .
This fall of the market shall remove off the liquidity from the equity and debt market and streamflow them to some green heaven Asset classes including Gold and silver or even newly invented Technologies such as decentralized markets and Cryptocurrencies and DeFi.
if we have a look at the Current crypto's Total Crypto Market Capitalization we can see it has a very good chances of Rally Continuation to some very high levels such as 5 to 6 Trillion dollars or even much higher.
Gold even can see higher Prices such as 2500 USD per ounce which is currently ranging at 1800 USD.
we even can some how speculate a 3 world War to be the initiator of this Market fall which is even not so far from the reality as the situation in middle east is not very stable due to the Iran and Israel disputes and new anti-covid's restriction social movements in Europe and America continent.
we shall analyze few other markets and indices and ultimately Propose some Assets which are at their low Points Currently and can be counted as under values at present times.
Technical Analysis:
we have used the Fibonacci retracement and Expansion from the low to the Highest point before the Covid pandemic to have a better vision of the Higher expansion levels for the post retracement's rallies and identify the Potential Price levels and resistance zones. where the market can show some stagnation and starts its retracement and price correction to the lower levels.
There exist a Bearish Divergence of Price and MACD where Price has made higher high levels but MACD made lower Highs which is the most significant and strong Bullish Trend Reversal and start of Market fall and Price retracement and Value corrections.
there are total of 3 Targets defined which have a very strong Support tendencies which can be interpreted as the maximum retracements points.
there are few Resistance levels are also defined to have a better vision incase of Current Rally Continuation which eventually can be counted as the Trend reversal points
Texas Instruments WCA - RectangleCompany: Texas Instruments Incorporated
Ticker: TXN
Exchange: NASDAQ
Sector: Technology
Introduction:
Today, we turn our gaze towards Texas Instruments Incorporated (TXN), a distinguished player in the Technology sector listed on the NASDAQ. The weekly chart reveals a Rectangle pattern that has been in formation over the course of 490 days, indicating a possible bullish breakout.
Rectangle Pattern:
A Rectangle pattern typically denotes a period of market consolidation, before the price action resumes/reverses its prior direction. The pattern is characterized by price movements within a well-defined support and resistance range.
Analysis:
Previously, TXN was on a downward trend, which was halted by a consolidation phase, creating a Rectangle pattern over 490 days. This pattern, with its three touch points at the upper boundary and two at the lower, suggests a likely bullish breakout.
At present, the price is above the 200 EMA, signaling a bullish market. If we observe a successful breakout above the upper horizontal resistance level of 186.31, it could provide a promising opportunity for a long position.
In the event of a successful breakout, the price target would be situated at 226.52, representing a potential gain of about 21.60%. Please note, a minor resistance may be encountered at 200.97 en route to the price target.
Conclusion:
Texas Instruments' weekly chart displays an interesting setup with a bullish Rectangle pattern, hinting at a potential reversal of the previous downtrend. This setup could offer a beneficial long trading opportunity.
As always, use this analysis in combination with your overall market research and risk management strategy, not as direct trading advice.
If you found this analysis helpful, please consider liking, sharing, and following for more insights. Wishing you profitable trading!
Best regards,
Karim Subhieh
Disclaimer: This analysis is not financial advice and is intended for educational purposes only. Always conduct your own research and consult with a financial advisor before making investment decisions.
Agnc Investment Corp Price Prediction! To The Upside Here We Go!• Price Created The Bullish Continuation Pattern (Falling Wedge) Starting 2nd February 2023 Till 25th May 2023.
• While Creating This Pattern, The Price Reacted & Bounced Back From 0.786 Fibonacci Level 26th May 2023 Suggesting The Retracement Been Completed.
• 30th May 2023 The Price Broke The Falling Wedge Trendline Followed By Minor Correction On 1st June 2023.
• I Prefer To Enter It On 1st June 2023 Opening & Since Then Price Move Upwards & Reached Its Peak On 27th June 2023 Simultaneously Completed The Double Top Pattern Signalling/Hints A Potential Reversal To The Downwards. I Sees It As A Minor Correction Before The Price Goes Higher
• During The Downwards Movement, Price Reacted & Bounced Back From 0.618 Fibonacci Level. If You Entered On 6th July During The Retracement, Potential Gain Of 9.32% @ Usd 0.88 Been Achieved
• Now The Price Is Testing The Previous Double Top Pattern & Successfully Breaks It Only By A Shadow On 13th July 2023.
• Nevertheless, The Downside Risks Always Exists. Always Trade With A Proper Risk Management & Stop-Loss Intact.
Trading Strategy:
Entry At Usd 9.17 (1st June 2023 Opening Price)
Take Profit Price:
-Tp 1 : Usd 10.86 @ 18.54 % Of Potential Profit/Return
-Tp 2 : Usd 12.22 @ 33.26% Of Potential Profit/Return
Cut-Loss : Usd 8.57 @ 6.54 % Of Potential Losses
Entry At Usd (7th July 2023 Opening Price)
Take Profit Price:
-Tp 1: Usd 10.86 @ 15.01 % Of Potential Profit
-Tp 2: Usd 12.22 @ 29.18 % Of Potential Profit
Cut-Loss : Usd 9.05 @ 4.33% Of Potential Profit
-]Always Trade With Your Stop-Loss Intact!
-Trade At Your Own Risk (T.A.Y.O.R.)
Lets Continue To Monitor The Price Movements Together & Share Your Thought Below!
CBRE Group WCA - Rectangle PatternCompany: CBRE Group, Inc.
Ticker: CBRE
Exchange: NYSE
Sector: Real Estate
Introduction:
Today, our focus is on CBRE Group, Inc. (CBRE), a leader in the Real Estate sector, listed on the NYSE. The weekly chart exhibits a Rectangle pattern, suggesting a potential bullish breakout.
Rectangle Pattern:
The Rectangle pattern typically forms during periods of market consolidation, acting as a pause in the trend before the price action continues or reverses. The pattern is characterized by price oscillations between a well-defined support and resistance level.
Analysis:
Previously, CBRE Group was in a clear downtrend (represented by the blue diagonal resistance line), which was interrupted by a consolidation phase, forming a Rectangle pattern. The pattern, with three touch points on both the upper and lower boundaries, implies a potential bullish breakout.
Currently, the price is above the 200 EMA, indicating a bullish environment. If we see a successful breakout above the upper horizontal resistance at 87.78, this could present a valid opportunity for a long position.
In the case of a successful breakout, the price target would be set at 108.82, representing a potential gain of approximately 23.76%.
Conclusion:
The CBRE Group's weekly chart presents a compelling setup with a bullish Rectangle pattern, hinting at a potential reversal of the downtrend. This setup could offer a favorable long trading opportunity.
As always, this analysis should be used in conjunction with your overall market research and risk management strategy, and not as direct trading advice.
If you found this analysis helpful, please consider liking, sharing, and following for more insights. Wishing you profitable trading!
Best regards,
Karim Subhieh
Disclaimer: This analysis is not financial advice and is intended for educational purposes only. Always conduct your own research and consult with a financial advisor before making investment decisions.
Mastercard Incorporated WCA - Rectangle PatternCompany: Mastercard Incorporated
Ticker: MA
Exchange: NYSE
Sector: Financials
Introduction:
Our focus today is on Mastercard Incorporated (MA), a heavyweight in the Financial sector, listed on the NYSE. The weekly chart is revealing a Rectangle pattern, which indicates a potential bullish continuation.
Rectangle Pattern:
The Rectangle pattern typically appears during periods of market consolidation and can suggest a continuation/reversal of the trend, bullish or bearish, depending on the breakout direction. It is defined by a trading range where the price oscillates between a clear support and resistance level.
Analysis:
Previously, Mastercard was clearly in an uptrend, which was interrupted by a consolidation phase forming a Rectangle. This pattern, lasting for 1092 days, is interpreted as a bullish continuation. There are five touch points on the rectangle's upper boundary and two on the lower one.
Currently, the price is above the 200 EMA, which supports our idea to look for bullish opportunities. The latest candle movement shows the price breaking above the rectangle's upper boundary, signaling a potential long entry point.
Assuming a valid breakout, the price target is set at 506.86, suggesting a potential gain of approximately 28.56%.
Conclusion:
Mastercard's weekly chart presents a promising setup with a bullish Rectangle breakout, indicating a potential continuation of the uptrend. This setup could offer an excellent long trading opportunity.
As always, this analysis should be used in conjunction with your overall market research and risk management strategy, and not as direct trading advice.
If you found this analysis helpful, please consider liking, sharing, and following for more insights. Wishing you profitable trading!
Best regards,
Karim Subhieh
Disclaimer: This analysis is not financial advice and is intended for educational purposes only. Always conduct your own research and consult with a financial advisor before making investment decisions.
US30 Facing Resistance: Potential Retracement in Bullish TrendThe US30 index is facing rejection at the daily resistance level that has been established. A false breakout occurred as the price briefly moved above the resistance, but it has since retreated back within the resistance zone, indicating a potential dip. This suggests a potential retracement within the ongoing bullish trend.
TSLA: Expanding Channel Signals Critical JunctureTSLA is currently exhibiting a prominent expanding channel on the weekly timeframe. The price is nearing the weekly resistance, which also coincides with the upper boundary of the expanding channel. At this juncture, two scenarios are possible. Firstly, if the price adheres to the resistance level and the upper boundary, we can anticipate a downward movement, leading to a potential market downturn. Conversely, should the price exhibit a bullish breakout above the resistance and upper boundary, we can expect the rally to continue with renewed momentum.
NVDA: Bullish Channel Suggests Potential Reversal and RetestNVDA is currently exhibiting a bullish channel pattern, indicating a potential reversal towards the lower boundary. If the price indeed follows this anticipated reversal and reaches the lower boundary, there is a possibility of another bounce to retest the swing high on the daily timeframe.
NDX Expanding Channel: Short Opportunity at $15250 ResistanceOn the hourly timeframe, Nasdaq has established an expanding channel with a notable resistance level at $15250, which has recently acted as a sell zone. Currently, we are anticipating the price to validate a breakout below the lower boundary of the channel. Once confirmed, we will consider entering a short position.
AAPLE May retrace back towards the resistance formedAAPL has recently experienced a breakout, surpassing a significant resistance level and reaching a new all-time high. It is anticipated that the price will retrace back to the previously broken resistance level in order to find support and attract additional buying pressure. This retracement will likely serve as an opportunity to accumulate more shares before the bullish trend continues.
TESLA CHART - WEEKLY TIME FRAME The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
TESLA 300 By DECEMBER Happy 4 of july !!!!!If tesla Pulls Back Hard , good Buy Area will be 205 - 215
Be Patience , Buy and Hold until December . Until 300 . i Would Sell at this point but do your own Research and take action !!
STAY PROFITABLE !!
Next year will be a lot of competition for Tesla because the Aston Martin / Lucid Deal
and NIO already taking the Chinesse market .
Have a Great 4 of July God Bless america and enjoy the Holidays !!!
Stay humble Be a better person.
CAFE CITY STUDIO COMING SOON 2024 !!
TSLA Forms Bullish Expanding Channel, Targets Breakout above $35TSLA has formed an expanding channel on the weekly timeframe, indicating potential bullish momentum. Currently, there is a bullish rally approaching the daily resistance and the upper boundary of the channel. Once the price reaches these levels, it's crucial to monitor closely for signs of either a breakout or a reversal in the price action at these key levels.
Should TSLA manage to break out above the daily resistance and the upper boundary of the expanding channel, it could trigger a significant rally to the upside, potentially surpassing the $350 mark. Traders and investors should keep a watchful eye on these price levels to make informed decisions based on the evolving market structure and price behavior.